States › Maine › Kennebunk

Is Kennebunk, ME expensive to live in?

CheapRent takes 19 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,6188% lower than U.S. average
💵 Families earn per year (2026)$102,640about $8,553/month · 18% higher than U.S. average
🔑 House price$452,80036% higher than U.S. average

Rent is lower than in 52% of U.S. cities. A typical house costs about 4.4 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $64,720 a year. That is $31 an hour at a full-time job.

Is rent cheaper than other Maine cities?

No. Rent here is more expensive than in most of Maine. It is number 21 of 34 cities from cheapest to most expensive.

Kennebunk
$1,618
Yarmouth
$1,916
Gardiner
$1,397
Winslow
$1,143
Skowhegan
$991
Oak Hill
$1,923
Belfast
$1,061

How much do households earn in Kennebunk?

Under $25k
9.3%
$25k–50k
14.7%
$50k–100k
38.9%
$100k–150k
20.5%
$150k+
10.1%

Share of households by yearly income. 30.5% of households earn $100,000 or more.

Rent by apartment size in Kennebunk

SizeKennebunkU.S. average
1 bedroom$1,161$1,324
2 bedrooms$1,560$1,509
3 bedrooms$1,838$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Kennebunk overall?

Everyday prices in Maine overall are 3% below the U.S. average (index 97.0, U.S. = 100).

Housing
79
Goods (food, clothes…)
97
Utilities
135
Other services
103
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Kennebunk, so the Maine figure is shown.

Taxes and bills in Kennebunk

🏛️ Property tax$4,771a year · 1.05% of home value · U.S. $3,119
⚡ Electric bill$98a month (typical) · U.S. $156

Life in Kennebunk

Commute to work22.7 minU.S.: 26.4 min
College degree52%U.S.: 35.7%
Own their home73.1%U.S.: 65.2%
Below poverty line11.2%U.S.: 12.5%
Unemployment5.4%U.S.: 5.2%

Is it cheaper to rent or buy in Kennebunk?

Renting is cheaper right now: about $1,524 a month less.

Renting
$1,618
Owning
$3,142

Owning assumes a typical $452,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $45,280 for the down payment.

Frequently asked questions

What is the average rent in Kennebunk, ME?

Renting in Kennebunk costs a median of about $1,618 a month in 2026, including utilities. The Maine median is $1,452.

How much do I need to make to live in Kennebunk?

To keep rent under 30% of income, you need about $64,720 a year, or $31 an hour at a full-time job.

Is Kennebunk cheap or expensive?

Kennebunk is rated Cheap: rent takes 18.9% of the typical household income of $102,640. It ranks 21st cheapest of 34 Maine cities we track.

How much are property taxes in Kennebunk?

The median homeowner in Kennebunk pays $4,771 a year in property taxes, about 1.05% of the median home value.

Is Kennebunk more expensive than the national average?

Overall prices in Maine are 3% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Kennebunk?

The median home value in Kennebunk is $452,800, about 4.4 times the typical yearly household income.

6,221 people live in Kennebunk. Numbers are typical (middle) values.